Jun 7, 2019

U.S. - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights

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Mushroom And Truffle Market in the USA - Key Insights

 

IndexBox has just published a new report, the U.S. - Mushrooms And Truffles - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

 

The revenue of the mushroom and truffle market in the U.S. amounted to $2B in 2017, declining by -2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.6% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of 15% against the previous year. Over the period under review, the mushroom and truffle market attained its maximum level at $2.1B in 2016, and then declined slightly in the following year.

Mushroom And Truffle Production in the USA

In 2017, approx. 421K tonnes of mushrooms and truffles were produced in the U.S.; reducing by -1.6% against the previous year. The total output volume increased at an average annual rate of +1.6% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review.

Mushroom And Truffle Exports
Exports from the USA

In 2017, approx. 5.9K tonnes of mushrooms and truffles were exported from the U.S.; jumping by 12% against the previous year. Overall, mushroom and truffle exports continue to indicate a temperate deduction.

In value terms, mushroom and truffle exports stood at $27M (IndexBox estimates) in 2017.

Exports by Country

Canada (4.5K tonnes) was the main destination for mushroom and truffle exports from the U.S., with a 76% share of total exports. Moreover, mushroom and truffle exports to Canada exceeded the volume sent to the second major destination, Aruba (239 tonnes), more than tenfold. Japan (191 tonnes) ranked third in terms of total exports with a 3.2% share.

From 2007 to 2017, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Aruba (+19.6% per year) and Japan (-15.4% per year).

In value terms, Canada ($20M) remains the key foreign market for mushroom and truffle exports from the U.S., comprising 74% of total mushroom and truffle exports. The second position in the ranking was occupied by Japan ($1.8M), with a 6.5% share of total exports. It was followed by Aruba, with a 2.6% share.

Export Prices by Country

In 2017, the average mushroom and truffle export price amounted to $4.6 per kg, lowering by -6.8% against the previous year. In general, the mushroom and truffle export price continues to indicate a mild reduction.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Japan ($9.4 per kg), while the average price for exports to Bermuda ($2.8 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Bahamas (+2.3% per year), while the export prices for the other major destinations experienced mixed trend patterns.

Mushroom And Truffle Imports
Imports into the USA

In 2017, mushroom and truffle imports into the U.S. totaled 60K tonnes, increasing by 7.7% against the previous year.

In value terms, mushroom and truffle imports totaled $232M (IndexBox estimates) in 2017. In general, mushroom and truffle imports continue to indicate a strong increase. Imports peaked in 2017, and are likely to continue its growth in the near future.

Imports by Country

In 2017, Canada (32K tonnes) constituted the largest mushroom and truffle supplier to the U.S., with a 53% share of total imports. Moreover, mushroom and truffle imports from Canada exceeded the figures recorded by the second largest supplier, Mexico (8.2K tonnes), fourfold. The third position in this ranking was occupied by China (5.7K tonnes), with a 9.4% share.

From 2007 to 2017, the average annual growth rate of volume from Canada amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+18.0% per year) and China (+4.6% per year).

In value terms, Canada ($154M) constituted the largest supplier of mushroom and truffle to the U.S., comprising 66% of total mushroom and truffle imports. The second position in the ranking was occupied by Mexico ($28M), with a 12% share of total imports. It was followed by Italy, with a 5.3% share.

Import Prices by Country

In 2017, the average mushroom and truffle import price amounted to $3.8 per kg, increasing by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%.

Import prices varied noticeably by the country of origin; the country with the highest import price was Canada ($4.8 per kg), while the price for China ($1.8 per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+5.2% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
mushrooms and truffles.


This report provides an in-depth analysis of the mushroom and truffle market in the USA. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• the USA.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Trade (exports and imports) in the USA;

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2017
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2017
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2017
Table 2:
Market Volume, In Physical Terms, 2007–2017
Table 3:
Market Value, 2007–2017
Table 4:
Per Capita Consumption In 2007-2017
Table 5:
Imports, In Physical Terms, By Country, 2007–2017
Table 6:
Imports, In Value Terms, By Country, 2007–2017
Table 7:
Import Prices, By Country Of Origin, 2007–2017
Table 8:
Exports, In Physical Terms, By Country, 2007–2017
Table 9:
Exports, In Value Terms, By Country, 2007–2017
Table 10:
Export Prices, By Country Of Destination, 2007–2017
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2017
Figure 2:
Market Value, 2007–2017
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2017
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2017
Figure 5:
Trade Balance, In Physical Terms, 2007-2017
Figure 6:
Trade Balance, In Value Terms, 2007-2017
Figure 7:
Per Capita Consumption, 2007-2017
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2017
Figure 22:
Production, In Value Terms, 2007–2017
Figure 23:
Area Harvested, 2007–2017
Figure 24:
Yield, 2007–2017
Figure 25:
Imports, In Physical Terms, 2007–2017
Figure 26:
Imports, In Value Terms, 2007–2017
Figure 27:
Imports, In Physical Terms, By Country, 2017
Figure 28:
Imports, In Physical Terms, By Country, 2007–2017
Figure 29:
Imports, In Value Terms, By Country, 2007–2017
Figure 30:
Import Prices, By Country Of Origin, 2007–2017
Figure 31:
Exports, In Physical Terms, 2007–2017
Figure 32:
Exports, In Value Terms, 2007–2017
Figure 33:
Exports, In Physical Terms, By Country, 2017
Figure 34:
Exports, In Physical Terms, By Country, 2007–2017
Figure 35:
Exports, In Value Terms, By Country, 2007–2017
Figure 36:
Export Prices, By Country Of Destination, 2007–2017
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